NASDAQ: MSTR
Strategy Inc
Technology · Software - Application
After hours: $127.89(+0.46%) · as of 7:59 PM ET
Market Cap
$42.12B
52w High
$365.21
52w Low
$81.81
P/E
-1.33
Volume
30.99M
Outstanding Shares
330.81M
Valuation Data Insufficient
Every projected year produces negative free cash flow, so the model returns a negative enterprise value. A discounted-cash-flow valuation cannot be defended on those inputs, so it is not shown.
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 62.43% over the last year. Revenue grew 7.79% over the trailing twelve months. Operating margin moved from -320.11% to -1,676.72%. Free cash flow grew 133.15% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 6th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently -1,676.72%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.
Valuation
Stock splits
Every 1 shares became 10
Every 10 shares became 1
Every 1 shares became 2
Profitability & growth
Analyst consensus
18
Buy
8
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 29, 2026
Q4 FY26 · EPS est $13.29 · Revenue est $128.33M
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